Full List Of Stories
Entain jumps as US JV BetMGM signs exclusive partnership with X
Entain shot higher on Friday afternoon after its US joint venture with MGM Resorts, BetMGM, struck a partnership with social media platform X to become its exclusive live odds sports betting partner.
FTSE 100 movers: Convatec boosted by Coloplast results; L&G falls
London’s FTSE 100 was down 0. 3% at 7,569. 47 in afternoon trade on Friday.
Owens Corning to buy Masonite in $3.9bn deal
US building and construction materials company Owens Corning said on Friday that it has agreed to buy Masonite, a provider of interior and exterior doors and door systems, in a $3. 9bn deal.
London midday: FTSE nudges up as investors pause for breath
London stocks had nudged higher by midday on Friday, with Convatec in the lead after solid results from a Danish peer.
L'Oreal slumps as Q4 sales miss expectations
L’Oreal shares slumped on Friday after the cosmetics group posted lower-than-expected fourth-quarter sales.
S&U warns on full-year profits
Specialist motor finance and bridging lender S&U warned on Friday that full-year profits were likely to be below expectations as poor consumer confidence, the cost-of-living crisis and continuing high interest rates take their toll.
London open: Stocks steady; Tesco rallies on banking arm sale
London stocks were steady in early trade on Friday, but Tesco shot higher after agreeing to sell its retail banking arm to Barclays.
Citi puts Legal & General on ‘negative catalyst watch’ ahead of results
Legal & General was under the cosh on Friday as Citi cut its 2023 earnings per share estimates and opened a 30-day ‘negative catalyst watch’ on the shares ahead of full-year results on 6 March.
London pre-open: Stocks seen up after S&P 500 hits 5,000
London stocks were set to rise at the open on Friday after the S&P 500 hit 5,000 for the first time on Wall Street.
Friday newspaper round-up: Jes Staley, offshore wind farm, Mexico
The former chief executive of Barclays Jes Staley allegedly stayed in contact with Jeffrey Epstein long after joining the UK bank, according to legal documents that reportedly contradict claims he cut ties with the convicted child sex offender and disgraced financier in 2015. Documents from a now-settled lawsuit, seen by Bloomberg News, allegedly suggest that the two men used an unnamed third person, who “acted as an intermediary for messages between Staley and Epstein”, to stay in contact after Staley took over as chief executive of Barclays in December 2015.